Colorado is feeling the economic effects of COVID-19, especially after the governor ordered ski areas to close for the season. In the past few weeks, short-term lodging businesses saw a spike in cancellations, as well as a steep slowdown in bookings. Ski season may have already been coming to a close as snowfall slows but the pandemic’s escalation is causing unprecedented uncertainty for property managers in the Colorado ski markets. Key Data is tracking the data daily as the situation evolves.
For more information on COVID-19 Impacts on short term vacation rental regions, click on our Virus Impacts [New] tab above to learn more!